Dec 27, 2012 4:30am EST
. >> reporter: obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't so how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cup. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think boehner is being controlled unfortunately by the right wing. >> reporter: that leaves it up to majority leader harry reid and the rest of the senate to find a possible solution. aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate big spends cut and restore unemployment benefits. >> i think you're likely to see a two-step process here. one sort of dealing with the immediate dynamic so you can deal with the larger situation. >> reporter: without a deal, bush era tax cuts will expire january 1st and deep spending cuts wil
Dec 18, 2012 4:00am EST
inouye of hawaii has died at the age of 88 after serving in congress since his election in 1959. senator patrick leahy takes ove over. the governor will make the call. >>> nikki haley chose tim scott as the state's next start replacing jim demint. that makes scott the state's first black governor. >>> two nasa sprays craft named ebb and flow were intentionally craft into the moon yesterday. they had circled the moon almost a year. the area where they crashed was not one where others have landed before. >>> over to wall street. the dow opens at 13,235. the s&p climbed 16. and the nasdaq jumped 39. overseas, nikkei gained 94 points but the hang seng lost 18. >>> traders paused for a moment of silence. stocks of gun makers continued to slide. smith & wesson down 8%. pension giant california state teachers' retirement system is reviewing a $400 million firm. which owns bushmaster. meanwhile, walmart has pulled that same assault rifle from its stores. >>> and gas prices are falling. the national average is just under $3.25 a gallon. for the first time this year, all 50 states have ga
Dec 26, 2012 4:30am EST
turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas after a frustrating week on capitol hill. he and speaker john boehner about $100 billion. >> the president was $200 billion in revenues. speaker boehner $100 billion in spending cuts. >> reporter: tough decisions ahead. six days left. and lawmakers are now saying they will likely address tax reforms and spending cuts in the new year when the debt ceiling debate gets going. reporting live in washington. i'm danielle leigh. richard, back to you. >> danielle, thank you. >>> a note was left by the suspected shooter that killed two firefighters christmas eve in new york. here's nbc's ron mott with more details. >> reporter: police say the christmas eve ambush of four volunteer firefighters attacked as they arrived to battle a fire in new york. >> was a rage be interno out there. >> reporter: it was spell out in chilling details. >> quotes, i still have to get ready to see how much of the neighborhood i can burn down, and doing what i like doing best, killing people. >> reporter:
Dec 25, 2012 4:00am PST
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